Platts corrects Ferromolybdenum 65% European rationale for Jan. 17

Platts, part of S&P Global Commodity Insights, has corrected the rationale for ferromolybdenum 65% European for Jan. 17, which incorrectly stated the assessed price range.

The daily Ferromolybdenum 65% European assessment on Jan. 17 was not impacted by this correction.

The corrected rationale should read as follows:

The Platts European Ferromolybdenum assessment was $49.535/kg in-warehouse Rotterdam on Jan. 17, down from the previous assessment on Jan. 16 at $49.74/kg.

The assessed range on Jan. 17 was $49.27-$49.80/kg.

A deal was reported at $49.27/kg in-warehouse Rotterdam.

A deal was reported at Eur47.70/kg in-warehouse Rotterdam, cited as equivalent to $49.12/kg in-warehouse Rotterdam. But the price level was deemed not repeatable by the market close.

Deals for volume smaller than 20 mt were concluded at $49.90/kg in-warehouse Rotterdam.

Tradable values were reported at $49.30-$50.00/kg in-warehouse Rotterdam.

No data was excluded from assessment.

Platts is part of S&P Global Commodity Insights.

This rationale applies to data code MMAFO00.